Crest Nicholson’s (CRST) “Outperform” Rating Reiterated at Royal Bank Of Canada

Royal Bank Of Canada reiterated their outperform rating on shares of Crest Nicholson (LON:CRST) in a research note published on Friday morning,Digital Look reports. Royal Bank Of Canada currently has a GBX 95 price objective on the stock.

A number of other analysts have also weighed in on CRST. Jefferies Financial Group restated a “buy” rating and set a GBX 112 target price on shares of Crest Nicholson in a research note on Tuesday, May 5th. JPMorgan Chase & Co. lowered their price target on shares of Crest Nicholson from GBX 160 to GBX 80 and set a “neutral” rating for the company in a report on Tuesday, June 16th. Berenberg Bank lowered their price target on shares of Crest Nicholson from GBX 160 to GBX 86 and set a “hold” rating for the company in a report on Wednesday, April 22nd. Deutsche Bank Aktiengesellschaft downgraded shares of Crest Nicholson to a “hold” rating and dropped their price objective for the company from GBX 228 to GBX 79 in a research report on Wednesday, April 22nd. Finally, Stifel Nicolaus restated a “hold” rating and issued a GBX 125 price objective on shares of Crest Nicholson in a report on Tuesday, April 21st. Three equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of GBX 109.57.

Crest Nicholson Trading Up 0.0%

CRST opened at GBX 65.82 on Friday. Crest Nicholson has a 12 month low of GBX 59.60 and a 12 month high of GBX 192.10. The stock has a market capitalization of £168.99 million, a price-to-earnings ratio of 73.13, a PEG ratio of 0.51 and a beta of 1.33. The company has a debt-to-equity ratio of 35.57, a current ratio of 2.24 and a quick ratio of 0.71. The business has a fifty day moving average price of GBX 70.35 and a 200 day moving average price of GBX 105.21.

Crest Nicholson (LON:CRST) last posted its quarterly earnings results on Thursday, July 16th. The company reported GBX (10.10) earnings per share (EPS) for the quarter. Crest Nicholson had a negative net margin of 5.44% and a negative return on equity of 4.32%. Sell-side analysts expect that Crest Nicholson will post 9.0980939 earnings per share for the current fiscal year.

About Crest Nicholson

Crest Nicholson Holdings plc engages in building residential homes in the United Kingdom. It develops and sells apartments, houses, and commercial properties. The company was founded in 1963 and is headquartered in Addlestone, the United Kingdom.